599 Abeel Street
About This Property
Recent updates include a new roof. Located directly across from the scenic Rondout Creek, enjoy water views along with access to hiking trails, parks, and all the dining, shopping, and vibrant amenities Kingston has to offer.
The property also features extensive, mature perennial gardens, offering a beautiful outdoor setting with established landscaping ready to be revitalized.
This home is in need of TLC and is being sold as-is. Call for a private tour today!
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 18, 2026 | Sold | ||
| Sold | |||
| Aug 7, 2026 | In contract | - | |
| In contract | |||
| Jun 20, 2026 | Price Decreased |
$268,000
↓ $21K
(7.3%) | |
| Price Decreased | |||
| May 15, 2026 | Price Decreased |
$289,000
↓ $14K
(4.6%) | |
| Price Decreased | |||
| May 2, 2026 | Price Decreased |
$303,000
↓ $11K
(3.5%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017